Category Archives: Inflation
Earthquake Economics
“The United States of America, right now, has the strongest, most durable economy in the world,” said President Obama, in his State of the Union address, on Tuesday night. What performance metrics he based his assertion on is unclear. But … Continue reading
Who Will Be President and Other Hunches for 2016
The New Year is here. The slate’s been wiped clean. New hopes. New dreams. They’re all accessible. They’re all within reach. No doubt, 2016 will be the year you get everything you deserve in life. But what else will happen? … Continue reading
Money Velocity Lethargy
Logic, common sense, and rational deduction are useful means for comprehending the world. But they are merely tools. The user will always be limited by the quality and quantity of the information available and their ability to properly interpret it. … Continue reading
Salting the Economy to Death
One popular delusion that won’t seem to go away is the notion that policy makers can stimulate robust economic growth by setting interest rates artificially low. The general theory is that cheap credit compels individuals and businesses to borrow more … Continue reading
